Gold prices in Pakistan have continued their downward trend, with another notable drop reported. As per the All Pakistan Gems and Jewelers Association, the rate of one tola of gold has decreased by Rs1,300, bringing the new price to Rs344,500.
Similarly, the price of 10 grams of gold has also gone down by Rs1,114, now valued at Rs295,353. This consistent decline reflects the ongoing instability in the precious metals market.
Read more: Gold Prices Surge to Record Highs
Internationally, gold prices have also slipped, falling by $13 per ounce, which translates to Rs3,263 per gram. This global dip is contributing to the local market’s volatility.
The continued decline in gold rates both locally and globally points to persistent fluctuations in the market, with no immediate signs of stability.
